The Asia-Pacific Digital workplace market is anticipated to grow at a considerable CAGR of 23.6% during the forecast period. The growth of Information sector (IT) is increasing in various emerging countries such as India due to factors such as rapid expansion of the software industry, strong growth in export demand and others. For instance, according to India Brand Equity Foundation In 2020, the IT industry accounted around 8% of India’s GDP. Additionally, the Indian IT industry’s exports are projected to increase by 1.9% in FY21. Further, as per Software Technology Park of India (STPI), software exports 7% year on year to Rs. 5 lakh crore (US$ 67.40 billion) in FY21 from Rs. 4.66 lakh crore (US$ 62.82 billion) in FY20. The factors owing to this major growth includes rapid digitization and IT industry’s timely transformation to remote working that helped to maintain the industry’s growth during COVID-19 pandemic.
Rising acquisitions, product approval, collaborations among the major players in the market also propel the growth of the market. For instance, in October 2020, Tata Consultancy Services launched a TCS Workforce Analytics, which is an AI-based unified system of engagement, insights, and foresight for managers and employees to improve productivity and workplace experience. TCS’s research-driven solution boosts productivity and workforce well-being, by expanding learning opportunities. Additionally, the solution enables organisations to assist diversity and inclusion, along with contextual engagement, and HR compliance programs. Therefore, TCS Workforce Analytics Solution will reduce the programme implementation risks considerably accelerate speed to value for customers transforming their data landscapes.
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Market Coverage
- The market number available for – 2022-2030
- Base year- 2022
- Forecast period- 2023-2030
Segment Covered-
- By Deployment
- By Organization Size
- By Vertical
Regions Covered
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape- include Infosys Ltd, Accenture plc, Tata Consultancy Services Ltd, HCL Technologies Ltd, and Wipro Ltd.
Asia-Pacific Digital Workplace Market Report Segment
By Deployment
- On-Premises
- Cloud
By Organization Size
- Small And Medium-Sized Enterprises
- Large Enterprises
By Vertical
- Telecommunication And It-Enabled Services
- Banking, Financial Services, And Insurance
- Healthcare And Pharmaceuticals
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Asia-Pacific Digital Workplace Market Report Segment by Region
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Company Profiles
- Atos SE.
- Cognizant Technology Solutions Corp.
- IBM Corp.
- Fujitsu Ltd.
- DXC Technology Co.
- NTT Data Corp.
- Hewlett Packard Enterprise Co.
- Zensar Technologies Ltd.
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